Page 3 - Bonds

Banks request RBI to include more long-term bonds in H1 FY24 borrowing

Banks expressed reservations about floating rate bonds in next year's borrowing

Top headlines: Apple creates new jobs, India's derivate bond trade at risk

Business Standard brings you the top headlines at this hour

$19 bn derivative bond trade in India at risk from Modi's new tax

Analysts say a New Delhi plan to tax high-value insurance policies will reduce demand, leading the industry to cut back on bond investments

SpiceJet debt recast: Carlyle Aviation to pick up 7.5% stake in airline

SpiceXpress, the cargo business, to be hived off into separate unit

Indian banks to issue bonds to maintain capital levels: CARE Ratings

"To support credit-off take, banks are expected to shore up their liability franchise by raising capital (AT1 bonds, other debt instruments such as infrastructure bonds) and deposits," it said

HDFC Bank raises $750 million via dollar bond sale, to pay coupon of 5.686%

The country's largest private sector lender HDFC Bank on Thursday announced that it has raised USD 750 million through a dollar bond sale. The bank said it will be paying a coupon of 5.686 per cent for the three year bonds, according to an exchange filing. The paper, rated Baa3 by Moody's Rating Services and Bbb by S&P, will be listed on the India International Exchange, it said. The USD denominated senior unsecured instruments will be redeemed on maturity in March 2026. The HDFC Bank scrip had closed 0.69 per cent down at Rs 1,603.35 a piece on the BSE on Thursday, as against a 0.23 per cent correction on the benchmark.

LIC Housing Fin, HDB Finance reduce fundraise sizes on hardening yields

LIC Housing raises 1,150 cr against Rs 3,000 cr planned

RBI may set cutoff yield on 10-yr state bonds in 7.69%-7.71% band: Poll

Indian states will aim to raise an aggregate of 207.37 billion rupees ($2.51 billion) on Tuesday through the sale of bonds maturing between seven years and 30 years

Losing traction: BAFs' dream run halts even as equity market stays volatile

BAFs see outflows for four months on the trot after inflows stayed in the green for two years

NHPC raises Rs 996 crore through issuance of non-convertible bonds

State-owned hydro power giant NHPC on Monday raised Rs 996 crore through the issuance of non-convertible bonds on private placement basis. "NHPC Limited has raised Rs 996 crore on February 20, 2023 through unsecured, redeemable, non-convertible, non-cumulative and taxable 7.59 per cent AD series bonds on private placement basis," according to a filing. The bonds are proposed for listing at Wholesale Debt Market (WDM) segment of BSE and National Stock Exchange (NSE).

State Bank of India issues Rs 4.5K-crore in AT1, half of the amount planned

Bonds allocated at coupon of 8.2% with call option on Feb 2033

G-Sec auction lands on underwriters' books after 5 months; 10-yr yield up

As worries deepen for inflation in India, 10-year yield jumps and swaps reflect more rate hikes

Most Adani Group dollar bonds exit distressed levels on debt promises

Among the gainers were Adani Electricity Mumbai's dollar 2031 notes, which rose 0.7 cent to 72 cents as of 1.07 pm in Hong Kong

PNB to raise Rs 800 cr in AT1 bond, instrument has 'AA+' from India Ratings

The Delhi-based lender has board approvals in place to raise Rs 12,000 crore in capital in FY23 through bond issuances

Adani Group to consider privately placed bond offerings for 3 subsidiaries

If it moved ahead with any offering and was able to secure investors, it could be the first debt issuance for Adani since shortseller Hindenburg Research alleged fraud and stock manipulation

Indian lender HDFC's biggest-ever bond issue to see strong demand: Bankers

HDFC aims to raise at least 50 billion rupees ($603.4 million) through the sale of 10-year bonds on Thursday, with an option to retain an additional 200 billion rupees

Bonds recoup losses after inflation shock as long-term players step in

Yield on the 10-year benchmark bond closed at 7.37 per cent, versus 7.36 per cent at previous close

Rising India rates to upset PM Modi's Budget math on small savings

Bonds have since pared their gains, with the budget math increasingly looking daunting as commercial interest rates soar tracking a tight monetary policy

Tight liquidity makes Adani Group dollar bonds a tough buy or sell

Most of some $8 billion of Adani firms' outstanding bonds fell below the 70 cents on the dollar mark - which is seen as distressed territory - after the Hindenburg report

NaBFID looking to raise Rs 5,000 crore via maiden bond issue in June qtr

The funds will likely be raised through long-term infrastructure bonds, managing director and chief executive officer Rajkiran Rai G said on Friday